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SOUTH KOREA INVESTMENTS
Andhra IT Minister Lokesh invites South Korean BNK Venture Capital to mentor SMEs, startupsAndhra Pradesh's IT Minister Nara Lokesh has opened doors to South Korean BNK Venture Capital, seeking mentorship for local SMEs. His call ...
Kospi enters bear market! What South Korea’s finance minister said after 20% crashSouth Korea’s Kospi entered bear market territory after falling over 20% from its June peak, dragged down by a sharp selloff in semiconduct...
Big Short fame Michael Burry is betting against Nvidia, AMD, Micron and other chipmakers. Is a massive AI crash coming?Michael Burry, famed for predicting the 2008 financial crisis, has increased his bearish bets against AI-linked chipmakers through the iSha...
Global Market: South Korea steps up market monitoring as chip-driven volatility rattles stocksSouth Korean economic officials will closely monitor factors causing market volatility. Sharp swings in chip shares have unsettled investor...
South Korea's Kospi enters bear market, plunges 20% from peak. What's spooking investors?South Korea's Kospi index entered bear market territory, plunging 20% from its peak. Heavyweight Samsung Electronics saw its share price fa...
Global Market: South Korea launches 24-hour onshore dollar-won trading to boost global market appealSouth Korea has launched a 24-hour onshore dollar-won trading system, a significant move to boost currency accessibility and global appeal....
South Korea's SK Hynix slides over 5% ahead of $29 billion Wall Street debutSouth Korea's SK Hynix is poised for a massive US listing, aiming to raise around $29 billion to capitalize on booming AI demand. Despite a...
South Korea's SK Hynix to launch $28 billion US listing to ride global AI waveThe company will sell 17.79 million new shares in the depository receipt listing on the Nasdaq, making it one of the world's most valuabl...
South Korea's Lee urges speed in launching mega chip projects"In this situation, it appears the outcome will be decided by who moves faster and who secures the lead first," Lee told a government mee...
South Korea plans future fund backed by semiconductor tax windfallSouth Korea is establishing a "Future Response Fund" from semiconductor boom tax revenues. This fund will fuel major national projects, boo...
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...
Seoul stocks plunge 8% as Samsung, SK hynix shares tumbleSouth Korean stocks plunged nearly eight percent at close Thursday as tech giants Samsung and SK hynix tumbled on fears of slowing AI chip ...
Samsung to invest $90 billion in South Korea's Chungcheong provinceSamsung Group is set to inject a massive 140 trillion won ($90 billion) into South Korea's central Chungcheong province. This significant i...
Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risksSouth Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This am...
Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadershipThe plan, anchored by Samsung Electronics and SK Hynix, marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his ...
Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.
'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...
South Korean president to unveil massive AI and chip investment driveLee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 GMT, his office said, with ministries c...
Ayodhya princess still binds UP, South Korea through shared heritage: Yogi AdityanathUttar Pradesh Chief Minister Yogi Adityanath emphasized the historical bond between Uttar Pradesh and South Korea, citing the legend of Pri...